
What will happen? This week several important macroeconomic reports will be presented…
2020-11-10 • Updated
EUR/USD fell below 1.1850 after reaching 1.1920 on Monday. The pair consolidated after the initial bearish move. This consolidation may turn out to be a bearish flag if the price moves below the support in the 1.1810/00 area. In this case, the pattern on the chart will become a “Head and Shoulders” opening the way to a deeper decline to the 1.1770/60 area (50-day Mam 50% retracement of November advance).
SELL 1.1795; TP 1.1765; SL 1.1815
What will happen? This week several important macroeconomic reports will be presented…
China may respond to US House Speaker Nancy Pelosi's visit to Taiwan with military provocations, including firing missiles near Taiwan or large-scale air or naval activities…
The bad news is that the US economy slowed for the second consecutive quarter in 2022, entering a technical recession.
Ford stock probably isn’t the first thing that comes to your mind when you’re looking for trade ideas…
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
The current situation is terrible, and the future is worse for the United Kingdom. Will the British pound withstand the challenges that await the UK economy, or will it collapse?
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